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Nemeski@piefed.social to Nvidia@lemmy.zipEnglish · 4 hours ago

NVIDIA Allegedly Engineered Scarcity By Funding AI Startups To Buy Its GPUs

www.techpowerup.com

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NVIDIA Allegedly Engineered Scarcity By Funding AI Startups To Buy Its GPUs

www.techpowerup.com

Nemeski@piefed.social to Nvidia@lemmy.zipEnglish · 4 hours ago
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  • news@lemmy.world
  • news@lemmy.world
Following the departure of now-former NVIDIA CEO, Jensen Huang, a new report by The Wall Street Journal (via Wccftech) has emerged alleging that NVIDIA artificially inflated the ongoing GPU and memory shortage by investing in AI startups that would go on to buy NVIDIA GPUs and build data centers....
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  • Mossheart@lemmy.ca
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    10 minutes ago

  • 4am@lemmy.zip
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    3 hours ago

    Again, the AI was only ever meant to be a ruse; the real goal is to make computing too expensive so that individuals and orgs alike are forced to rent it from the cloud forever.

    They are taking it all away from us.

    • terabyterex@lemmy.world
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      2 hours ago

      deleted by creator

  • TheReanuKeeves@lemmy.world
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    2 hours ago

    I can’t believe a corporation was scheming behind our backs to rob us with a smile, truly unthinkable

  • h0tbeef@lemmy.zip
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    3 hours ago

    When are we doing the summary execution?

    • nastronot@lemmy.zip
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      2 hours ago

      After Medicare for All passes and Bibi is brought before the ICC.

      So never

      • h0tbeef@lemmy.zip
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        54 minutes ago

        Why wait for that?

        We don’t have enough control over the ICC or Bibi, but Jensen is here, we could do him today

        • Kichae@piefed.ca
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          26 minutes ago

          Why execute Huang? He’s just good at playing the game. Executing the player doesn’t change the rules.

          And starting the executions with chip manufacturers and not finance or private healthcare screams of tech enthusiast entitlement.

  • frtzngbllr@lemmy.world
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    3 hours ago

    Allegedly?

    • SapphironZA@sh.itjust.works
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      2 hours ago

      Allegedly, Allegedly.

      I.E. no shit Sherlock.

  • jaycifer@lemmy.world
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    3 hours ago

    Sounds like something that should be illegal if it isn’t already.

  • Bane_Killgrind@lemmy.dbzer0.com
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    4 hours ago

    You don’t say

  • Jo Miran@lemmy.ml
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    4 hours ago

    Cool, cool…cheap RAM when?

    • SapphironZA@sh.itjust.works
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      2 hours ago

      When the memory Mafia stops cutting supply.

    • Phil_in_here@lemmy.ca
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      2 hours ago

      When enough data centers are destroyed that no one is willing to keep shoveling cash into that fire.

    • danc4498@lemmy.world
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      3 hours ago

      Just gotta wait for Anthropic to go bankrupt

      • SapphironZA@sh.itjust.works
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        2 hours ago

        Don’t forget openAI. They are even bigger.

      • Akh@lemmy.world
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        3 hours ago

        They already bankrupt, just need them to have banks stop bailing them out

  • Zachariah@lemmy.world
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    4 hours ago

    greedflation

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Nvidia Corporation is an American multinational corporation and technology company. It is a software and fabless company which designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is also a dominant supplier of artificial intelligence (AI) hardware and software.

Nvidia’s professional line of GPUs are used for edge-to-cloud computing and in supercomputers and workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Its GeForce line of GPUs are aimed at the consumer market and are used in applications such as video editing, 3D rendering and PC gaming. The company expanded its presence in the gaming industry with the introduction of the Shield Portable (a handheld game console), Shield Tablet (a gaming tablet) and Shield TV (a digital media player), as well as its cloud gaming service GeForce Now.


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